IDFC First Bank - Weekly AnalysisIn WTF, Butterfly pattern Prize reversal zone near 1.272 level.Shortby gowtham_harmonics10
IDFC Bankshowing again close above 50 EMA stop loss@34.50 stop loss target 200 EMA@ 40.80Longby ManojTembulkarUpdated 5
Title: Long-Term Investment Opportunity in IDFC FIRST BankOverview: IDFC FIRST Bank is a leading private sector bank in India, offering a range of financial services including retail and wholesale banking. This trading idea explores a long-term investment opportunity in IDFC FIRST Bank based on fundamental analysis. Fundamental Analysis: Strong Leadership: Examine the bank's management team and their track record in the banking and financial industry. Strong leadership can drive the bank's strategic initiatives and growth. Asset Quality: Assess the bank's asset quality by reviewing its non-performing asset (NPA) ratios and provisioning. A declining NPA ratio and prudent provisioning are positive signs. Loan Portfolio: Analyze the bank's loan portfolio diversification, including exposure to various sectors such as retail, corporate, and SMEs. A well-diversified loan book can mitigate risks. Net Interest Margin (NIM): Evaluate the NIM, which indicates the bank's profitability from its core lending and borrowing activities. A stable or improving NIM can be a positive indicator. Deposit Growth: Look at the growth rate of customer deposits. A bank's ability to attract and retain deposits is crucial for its funding base. Capital Adequacy: Check the bank's capital adequacy ratio (CAR) to ensure it meets regulatory requirements. A strong CAR provides a buffer against unexpected losses. Earnings Growth: Examine the bank's historical earnings growth and its ability to generate sustainable profits. Consider factors such as interest rate spreads and fee income. Digital Transformation: Investigate the bank's efforts in digital transformation and its ability to adapt to changing customer preferences. The adoption of digital banking can drive growth. Regulatory Compliance: Ensure that the bank complies with all regulatory requirements, including those related to capital adequacy, asset quality, and governance. 2023 Outlook: Monitor the bank's quarterly financial results and any significant announcements related to mergers, acquisitions, or changes in leadership. Keep an eye on macroeconomic factors that can impact the banking sector in India. Risks: Economic Factors: Economic downturns or recessions can impact loan quality and profitability. Regulatory Changes: Changes in banking regulations can affect the bank's operations. Competition: The Indian banking sector is highly competitive, which can affect the bank's market share and pricing power. Conclusion: IDFC FIRST Bank (NSE: IDFCFIRSTB) presents a long-term investment opportunity based on its fundamental strengths, asset quality, and growth potential. Conduct comprehensive research, stay updated with the latest financial reports, and consider your risk tolerance before making any investment decisions.Longby MarxBabu6
Idfc Frist bankThis stock forming my techno funda pattern in which technicals and fundamentals both are included Technical (moving average,trend, strength,) Fundamentals (sales,EPS, PROFIT)more than 20 %Longby BAAPOFBREAKOUTUpdated 9
IDFC first above 54, will open up levels for 69 IDFC first above 54, will open up levels for 69 setup is getting stronger wait for closing above 54Longby yogesharora2409Updated 13
IDFCFIRSTBIDFCFIRSTB Chart Analysis........31/08/23 The descending triangle pattern on IDFCFIRSTB chart has converted into bullish pennant pattern or its target of 86 has been completed and now its rounding bottom pattern has its target of 108 Long : 90 Sl : 84 Target : 108 Enjoy !Longby VirendraPandey9
20/08/202320/08/2023 IDFC First bank on monthly chart CUP pattern CMP: 88.95 Target :97-105-115 SL:82.5 Information is only for study purpose Longby vikas011978Updated 4
IDFCFIRST BANK The stock has given a breakout above its all time high of 86. The Monthly RSI moving past its previous peak of 70 also confirms strength in the stock price. No definite target for the stock, but if one is looking to invest in Banking Sector, this should ideally out-perform its peers. Bullish view remains intact as long as price survive 80! Longby CourtroomInvestments1
Sell IDFCFIRTS BANKTrend line breakdown target 2 % or above buy put at cmp happy trade...Shortby srinivasulu222952
idfc bank looking bearish.idfc bank has been given a good rally, stock is facing resistance at upper level, it may enter in distribution face soon.Shortby Sumants1
#IDFCFIRSTBANK... Looking good in upcoming sessionlong term inverstment call 🧲🧲🧲🧲🧲🧲🧲🧲🧲🧲🧲 IDFCFIRST BANK BUYING RANGE - 83-85 STOPLOSS 80 TARGET 100/123/138/150/200++++Longby trading_facts9611
IDFC First BankIDFC First Bank is moving in a zone and respecting the above resistance and below the trend line. Anytime soon a breakout on either side can be expected in this stock. Wait for the breakout and re-test of that and it will give a great move. The chances of breaking above is more due to the current market scenario. SL can be kept at the areas below the resistance and trendline zones. Trade safe. Manage risk. Be profitable. Please follow us for more simple trading analysis and setups. Also, let me know in the comment if you have any queries. Disclaimer:- This is my view. Please analyze the charts yourself and then decide to take any trades.Longby simple_trader202221
IDFC FIRST BANK Long-Term Break-Out!IDFC FIRST BANK has broken out of trading range on One Month Time frame Chart. Break-out after 6 Years trading in a channel! Those who are holding can consider offloading 30 to 50 percent holdings to realize profit and hold the remaining to ride the up move!! Looking for exponential move on up side if this break-out sustains!!!by urnaveen4
buyBuy around 67-67.7 stop loss 65.5 target 81-83 . Rally can extend to 100-120 over next 8-10 months. Disc : It's not an investment advise to buy or sell. Longby ssutar1982
CHART OF THE WEEK. IDFC bank has given breakout above 68.5 after 7 years of consolidation. These breakouts are very very important in technical analysis. The next resistance is somewhere around 81. Both IDFC and IDFC bank has given a fantastic results therefore it is a worth of an investment. CMP - 69.85 (26/5/23) T - 81 W SL - 62 WLongby AbNamjoshi334
IDFCFIRSTB - Weekly AnalysisIn the Weekly Chart of IDFCFIRSTB , we can see that, it has given 6 years breakout with Multiple Chart Pattern breakouts. Let it retest and the enter with SL.Longby JatinManani6
#IDFCFIRSTBANK : LONG , LT downward sloping trendline breakThe downward sloping trendline is broken on a monthly chart with a decent volume. Target : 70, 80Longby srinikethan0
IDFC First Bank breakout possibleIn weekly Timeframe IDFC can be seen having resistance @62-64 If it breaks the resistance then we can see good move upwards from 70-75-80 If it reverse from this then we will see bearish trend in IDFC to around 40 and below. Disclaimer: This is not a financial advise. The content is for educational purpose and it is my own personal views.by pra91997Updated 222
idfcfirstHave given a breakout after consolidating for four months since it hit its all time highLongby TradingshikshaUpdated 117
IDFC Short R/R ratio 5.2IdfIdfc NSE:IDFC Shorting on daily timeframe. Risk to reward ratio: 5.2 Never trade a short without a stoploss. *Not a financial advice. My charts speaks louder than words. I'm a chartist and I paint charts.Shortby TradeTactic1
IDFC First bank may follow this trend if crosses 63 markI have a strong feeling this time IDFC bank will go past the resistance near 63. I will double my position if we break the resistance successfully on day chart. Target is whooping 119-120 per share.Longby vasanthcse2005Updated 37